Business Profile

Founded in 1956, Hangcha Group stands as an industrial vehicle manufacturer with a more than 70-year legacy and five decades of accumulated R&D expertise. Dedicated to delivering comprehensive material handling solutions worldwide, the company is recognized as one of China’s largest industrial vehicle enterprises, boasting the most complete industrial chain, strongest comprehensive capabilities, and top economic performance. Leveraging its independently developed key technologies for new energy forklifts—including lithium batteries, hydrogen energy, and hybrid power—Hangcha has proactively driven the strategic transition to new energy products.

For consecutive years, its revenue has ranked 8th globally among forklift providers. In 2024, Hangcha achieved record-breaking sales of 280,000 forklifts and revenue of $2.29 billion. Hangcha operates in over 180 countries and regions, with over 20 overseas subsidiaries ensuring comprehensive global service.